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This System Has Teeth

  • #61
  • Edited 5:09pm Feb 26, 2011 4:54pm | Edited 5:09pm
The candle that is checked is a proper trigger candle. It happens to be 30 pips in total length. EA needs to count 30 + spread + 1 pip. So say the spread is 2. So 30 + 2 +1 =33. I need EA for this trade to set BE at +33. At +66 TP still set at BE. At +99 I need the EA to set TP at +66. At +132 EA sets TP to+99. At +165 EA sets TP to +132 ect. Stoploss is perfect as is currently programed. EA needs to do this automatically in case a trigger bar gets broken in the middle of the night.
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  • #62
  • Feb 26, 2011 5:14pm Feb 26, 2011 5:14pm
Quoting Toothman
The candle that is checked is a proper trigger candle. It happens to be 30 pips in total length. EA needs to count 30 + spread + 1 pip. So say the spread is 2. So 30 + 2 +1 =33. I need EA for this trade to set BE at +33. At +66 TP still set at BE. At +99 I need the EA to set TP at +66. At +132 EA sets TP to+99. At +165 EA sets TP to +132 ect. Stoploss is perfect as is currently programed. EA needs to do this automatically in case a trigger bar gets broken in the middle of the night.
Too much drip-feeding information, so I have deleted my post with the first version of the ea.

Let me know if you are able to put together a spec that actually describes the bot you want and I will consider coding it, if I have time.

  • #63
  • Feb 26, 2011 5:25pm Feb 26, 2011 5:25pm
Quoting SteveHopwood
Too much drip-feeding information, so I have deleted my post with the first version of the ea.

Let me know if you are able to put together a spec that actually describes the bot you want and I will consider coding it, if I have time.

Steve,
The bot was perfect the way you had it programmed except I'm looking for the EA to automatically set BE and TP as I described in my last post. By counting the candle length + spread + 1. If you can't do this can you post the original again. At least it will get you into a trade properly. thanks
  • #64
  • Feb 26, 2011 6:07pm Feb 26, 2011 6:07pm
Interesting thread. Just subscribing.
  • #65
  • Feb 27, 2011 5:21am Feb 27, 2011 5:21am
Quoting Toothman
Steve,
The bot was perfect the way you had it programmed except I'm looking for the EA to automatically set BE and TP as I described in my last post. By counting the candle length + spread + 1. If you can't do this can you post the original again. At least it will get you into a trade properly. thanks
I have added the spread + 1 to the breakeven calculations. I am not sure the coding logic is correct, so watch the performance tomorrow.

Attached File(s)
File Type: mq4 Toothy.mq4   56 KB | 367 downloads
File Type: zip mt4ticker05.zip   32 KB | 362 downloads
  • #66
  • Edited 8:53am Feb 27, 2011 6:30am | Edited 8:53am
I don't know whether this will be as useful now that there is an EA. But below is an indy that identifies the trigger bars H-H, H-L or L-L, L-H coupled with candle length which you can set (default 50) and candle body size set at less than or equal to 50% of candle size. As you can see from the picture sell tigger bars are painted magenta and buy bars aqua.
Attached Image (click to enlarge)
Click to Enlarge Name: toothy.gif Size: 35 KB
  • #67
  • Feb 27, 2011 6:42am Feb 27, 2011 6:42am
Quoting SteveHopwood
I have added the spread + 1 to the breakeven calculations. I am not sure the coding logic is correct, so watch the performance tomorrow.

Thank you Steve. Will give it a whirl.
  • #68
  • Feb 27, 2011 6:54am Feb 27, 2011 6:54am
Quoting saintmo
I don't know whether this will be as useful now that there is an EA. But below is an indy that identifies the trigger bars H-H, H-L or L-L, L-H coupled with candle length which you can set (default 50) and candle body size set at less than or equal to 50% of candle size. As you can see from the picture sell tigger bars are painted magenta and buy bars aqua.
Thank you for the indicator saintmo. I don't see any place in the properties to adjust candle body max. Some of those trigger candles on your chart have bodies more than 50% of the total candle length??? thanks
  • #69
  • Feb 27, 2011 8:50am Feb 27, 2011 8:50am
Quoting Toothman
Thank you for the indicator saintmo. I don't see any place in the properties to adjust candle body max. Some of those trigger candles on your chart have bodies more than 50% of the total candle length??? thanks
You can now also adjust bodylength (default .5). Should be OK now.
Attached File(s)
File Type: ex4 toothy-sig.ex4   4 KB | 307 downloads
  • #70
  • Feb 27, 2011 5:23pm Feb 27, 2011 5:23pm
Don't know if Steve is tied up with other projects. EA is not respecting the 50SMA. It should be only looking for buys above the 50SMA/sells below. It sold here above the 50 and also no trigger candle. Running on the tester I also saw it buy below the 50. Saintmo, what do you think? thanks
Attached Image (click to enlarge)
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  • #71
  • Feb 27, 2011 6:32pm Feb 27, 2011 6:32pm
Quoting Toothman
Don't know if Steve is tied up with other projects. EA is not respecting the 50SMA. It should be only looking for buys above the 50SMA/sells below. It sold here above the 50 and also no trigger candle. Running on the tester I also saw it buy below the 50. Saintmo, what do you think? thanks
I can look at it but won't have a chance to review it in any depth until early tomorrow morning. (I am on CST.)
  • #72
  • Feb 27, 2011 6:48pm Feb 27, 2011 6:48pm
Attached is an attempted fix. Not sure if the code is correct yet.
Attached File(s)
File Type: mq4 Toothy.mq4   56 KB | 293 downloads
  • #73
  • Feb 27, 2011 9:10pm Feb 27, 2011 9:10pm
Quoting SteveHopwood
Attached is an attempted fix. Not sure if the code is correct yet.
Hi Steve,
We're not there yet. EA should be looking for a break of the low on this bar for a sell and it bought. I have it on 5M charts to get it to trade a lot.
Attached Image (click to enlarge)
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  • #74
  • Feb 27, 2011 9:21pm Feb 27, 2011 9:21pm
Price never got a full pip above this trigger bar but trade was entered.
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  • #75
  • Feb 28, 2011 1:38am Feb 28, 2011 1:38am
Steve,
I was looking your code - you forget about stochastic. Continue to read it.
  • #76
  • Feb 28, 2011 1:41am Feb 28, 2011 1:41am
Quoting dzhini
Steve,
I was looking your code - you forget about stochastic. Continue to read it.
Please, read the whole thread.....
Steve programmed it as per Toothman's request in post #49
  • #77
  • Feb 28, 2011 2:08am Feb 28, 2011 2:08am
Quoting JulesvH
Please, read the whole thread.....
Steve programmed it as per Toothman's request in post #49
Ok. I'm sorry.
  • #78
  • Feb 28, 2011 3:14am Feb 28, 2011 3:14am
Opened long EU
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"The Side that Knows When to Fight and When Not to, Will Take the Victory"
  • #79
  • Feb 28, 2011 4:48am Feb 28, 2011 4:48am
Quoting Toothman
Hi Steve,
We're not there yet. EA should be looking for a break of the low on this bar for a sell and it bought. I have it on 5M charts to get it to trade a lot.
What happened here is this:

 

  1. T spotted the sell trigger candle. Market was below the ma, so trading direction was down.
  2. Market moved above the ma, reversing the trading direction. T spotted a break of the trigger high line and so took the buy.

I have to think about what to do about this.

  • #80
  • Feb 28, 2011 4:49am Feb 28, 2011 4:49am
Quoting Toothman
Price never got a full pip above this trigger bar but trade was entered.
Not a clue why.

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